Amerigo Resources (OTCMKTS:ARREF) Shares Gap Up – Time to Buy?

Shares of Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $5.6006, but opened at $6.00. Amerigo Resources shares last traded at $5.83, with a volume of 2,399 shares.

Amerigo Resources Trading Up 1.0%

The stock has a market cap of $975.35 million, a P/E ratio of 13.70 and a beta of 1.68. The stock’s 50-day moving average is $5.88 and its 200-day moving average is $4.93.

Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.08. The business had revenue of $84.62 million during the quarter, compared to analysts’ expectations of $74.50 million. Amerigo Resources had a net margin of 23.89% and a return on equity of 63.48%.

About Amerigo Resources

(Get Free Report)

Featured Stories

Receive News & Ratings for Amerigo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerigo Resources and related companies with MarketBeat.com's FREE daily email newsletter.